This document establishes the updated legal framework for calculating compensation values related to agricultural land and assets in the United Kingdom. The text is a formal statutory instrument issued by the British government, providing the specific legislative amendments required to adjust valuation methodologies. It serves as a technical directive for legal practitioners, land surveyors, and agricultural administrators tasked with applying these financial standards in accordance with the 1980 regulations.

Legal professionals and land administrators utilize this text as a primary source for historical regulatory compliance and property valuation standards. Experts note that the document is highly technical and intended strictly for use within the context of British agricultural law.